Leaseback investment with immediate rental income near Gatwick and M23.
Freehold warehouse and showroom c.20,033 sq ft
A sizeable freehold warehouse and showroom totalling c.20,033 sq ft, newly refurbished and let on a new 15‑year lease (with a tenant break at year 10) to a market-leading motorbike re-commerce operator. The property benefits from a curtain‑wall glazed frontage, extensive open-plan showroom space with LED spot lighting, newly installed gas-fired space heaters and two electric roller shutter doors for efficient stock handling.
The building includes substantial first-floor office accommodation and a front-to-back mezzanine used for parts storage, accessible by an external roller shutter and forklift from the secure rear yard. The yard extends to c.0.14 acres and provides around 18 dedicated car parking spaces, with additional communal parking to the front. Strong transport links include immediate access to Gatwick Airport and the M23 (J10), placing the asset well within a high-demand industrial-commercial node.
Important considerations for buyers: although the freehold sale offers long-term control of the site, the new lease has only 15 years unexpired with a tenant break at year 10. This limited lease length may deter some mortgage lenders and restrict certain financing options. The property sits in an area with higher crime levels and is part of a busy commercial estate, which may influence insurance and security requirements.
For investors seeking an operational, income-producing asset with good refurbishment and tenant strength, this represents a straightforward leaseback acquisition with immediate rental income and low immediate capital expenditure. For buyers requiring lender finance or long-term vacant possession, the lease term and local security profile are material factors to weigh carefully.
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